Structured Finance

Our experts structure financing solutions for leveraged buy-outs (LBOs) for German SMEs with annual revenues in excess of €50 million as well as for private equity companies. Unlike conventional corporate finance, for such transactions extensive due diligences – these are intensive checks conducted prior to the sale of a company – are drawn up and detailed legal documentation created, tailor-made for the financing.

We also help clients improve their balance sheet structure. Sometimes there are a large number of individual agreements on the liabilities side – which we tackle together, for example by improving the maturity structure or setting up a new syndicate structure to ensure that the client is stably financed over the long term. The usual size of the financing tranche we take on stands at around €20 to 40 million and in individual cases up to €75 million. Our principal product in Capital Structuring is the syndicated loan in the form of term loans, guarantees or working capital facilities. Here we structure the financing, i. e. the content, depending on the client’s situation and the respective reason for the financing – for example, investment in material goods, financing working capital or a takeover.

Your company's rating has an increasing impact on your financing costs due to new requirements such as Basel III. We assist you in identifying the levers of your company's creditworthiness and actively adjusting them. Our capital structuring team will support you in optimising your financing arrangements. We combine the different financing instruments with legal and other creative structures in order to achieve additional benefits for your company besides the pure financing function. This process can not only optimise your rating but can also benefit you with regard to tax, regulatory and accounting questions and improve your risk structure.

This team supports you by providing financing solutions for the acquisition of companies, business units and shares in domestic companies. This also includes the sale to the previous management (management buyout) or to external investors (management buy in), partly with additional debt financing. In this connection we also provide advice and support regarding the restructuring of the company and group.

We support large and medium-sized companies in the structuring of leasing-based investment projects in real estate, movable and intangible assets. Close cooperation with the DAL Group enables us to develop optimised off-balance sheet financing arrangements for you from a single source. In so doing, we take particular account of the very different and multi-faceted strategic objectives of our clients. Basel III, the conversion to IFRS or US GAAP reporting, but also the (tax) optimisation of acquisitions or succession rules for family business are only some of the challenges that we will gladly meet together with the leasing specialists. In the area of structured leases we arrange or structure financing for the owner or user of individual or aggregated assets that also help to achieve balance sheet, tax or risk-related objectives in addition to the pure financing function.